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  1. Business loans drive 7.7% YoY credit growth in June
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year... in May, with mostly inflows over the last few months. The outstanding balance was 134.56 billion... an inflow of 1.29 billion euros in May. Within corporate lending, the flow of credit to non-financial

    6%

  2. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    ) on higher travel spending by non-residents. The strong monthly performance led the C/A deficit to July... as well as higher general government net transfer receipts from the EU. The largely expected strong... at the end of May called for a C/A deficit at 3 percent of GDP in 2013 and to hover around 2 percent in 2014

    6%

  3. Nightmare on Democracy Street

    Agora

    from its economic nightmare but its political and social one may be just about to begin. When a group... is going to require a strong dose of political will, a potion that has traditionally been in short... will and strong institutions as the main tools to stop fascism’s rise. If this base can be formed, perhaps

    6%

  4. What next for Greek politics after Golden Dawn arrests?

    PoliticsGreek Politics

    will not continue to have a strong representation in Greek politics. This will always be a possibility... in the build up to European Parliament elections in May, when far right and nationalist parties are expected to have a strong showing. By acting now, Samaras and his government can turn this negative sentiment

    6%

  5. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    “recurring” figure amounted to 720 million materially improved by 142 percent yoy. The strong monthly... the EU, also including the SMP income of 1.5 billion. The widely expected strong tourism season led... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP

    6%

  6. Down but not out: Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of them voted for Golden Dawn because they wanted someone big and strong to stand up to the political... the neighbourhoods as strongholds to build a strong social network and at the same time bolster its...,” he says. Although the party itself may eventually be eclipsed, the ideas that propelled

    6%

  7. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    in the first quarter of 2014 outperformed its target by 641 million mainly due to the exceptionally strong... billion, 823 million better than target. The exceptionally strong PIB revenues of 1.56 billion... by May 5. This is the date of the next Eurogroup, where the Greek Finance Minister Yannis Stournaras

    6%

  8. First round of local elections leave Greek politics finely balanced
    Photo by MacroPolis

    PoliticsGreek Politics

    , it provides the left-wing party a strong base from which to launch an attempt to win the European... that appeals only to those in urban areas. Its coalition partner, PASOK, will hope that the strong showings... — MacroPolis (@MacroPolis_gr) May 18, 2014

    6%

  9. Golden Dawn rears its head in local polls, prompting rethink from main parties
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    with new ways of tackling the matter. The Neo-Nazi party had a particularly strong presence... the party’s action may suggest that much of this support is not just a reaction to the current...’s two biggest parties have an immediate effect, Golden Dawn is on course to couple its strong

    6%

  10. Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010

    EconomyMacroeconomy

    the flash estimate of -1.1 percent released on May 15. Greece has experienced negative growth since..., the highest since Q1 2008, mainly reflects strong tourism with the turnover in accommodation and food services... scheduled flights point to a 25 percent increase to 15.8 million in 2014 indicating another strong

    6%